Thor Industries (THO) will raise its quarterly dividend by 11.1 percent to $0.30 per share in the fourth quarter of 2015. This follows a 4 cent dividend hike to 27 cents quarterly by Thor last year.

The next dividend is payable on October 30, 2015, to shareholders of record at the close of business on October 16, 2015. The ex-date for the increased dividend of 30 cents is October 14, 2015.

Thor Industries, Inc. is a manufacturer of recreational vehicles. The Company offers motorhomes, camping, fifth-wheel, and travel trailers. Its brands include Airstream, Bison Coach, Jayco, Keystone and Thor Motor Coach. The company’s vehicles are sold primarily throughout the United States and Canada.